Press announcement

Bloomberg Earns Top 10 Chartis RiskTech100 Ranking For Third Consecutive Year

October 31, 2024

Bloomberg is pleased to announce it has placed ninth out of hundreds of global providers considered for the Chartis RiskTech100, 2025® Rankings. This marks the second consecutive year Bloomberg has placed ninth and the third consecutive year Bloomberg has earned a top-10 spot. The RiskTech100 is a comprehensive independent study, ranking the top 100 providers in risk and compliance technology.

In addition to a ninth place distinction, Bloomberg takes home the following data and buy-side awards:

  • Evaluated Pricing and Data: Fixed Income – 6th year in a row
  • Credit Data: Corporate Bonds – 3rd year in a row
  • Credit Data: Credit Curves  – 3rd year in a row
  • Overall for Buy-Side Firms – Industry Category – 3rd year in a row

For the sixth year in a row, Bloomberg’s evaluated pricing service, BVAL, earns the category award for Evaluated Pricing and Data: Fixed Income. This award recognizes the service’s clear and sophisticated methodology providing pricing for over 3 million securities for all asset classes across the liquidity spectrum, including thinly-traded and hard-to-price fixed income securities.

“The continued recognition of Bloomberg’s pricing technology and expertise for over half a decade is testament to BVAL’s ability to help clients cut through the complexity of today’s markets with reliable pricing that’s digestible and transparent so they can effectively assess risk and make investment decisions with confidence,” said Eric Isenberg, Global Head of Enterprise Data Pricing at Bloomberg. 

Bloomberg’s category awards for Credit Data capturing Corporate Bonds and Credit Curves for the third consecutive year reflect the strength of Bloomberg’s extensive portfolio of credit risk datasets and analytics. These include Bloomberg’s BVAL Curves (Issuers and Sectors), Default Risk (DRSK) and Market-Implied Probability of Default (MIPD) solutions, which offer transparent, timely credit risk estimates, support for loss provisions under IFRS9 and CECL, spreads & zero rates, and credit curve management infrastructure, while also covering illiquid reference entities.

“Our consistent placement in the Top 10 of the RiskTech100 Ranking speaks strongly to the commitment of our Bloomberg teams to provide trusted technology that allows our clients to navigate intricate and crucial workflows with the right tools,” says Jose Ribas, Global Head of Risk and Pricing at Bloomberg.

This year’s ranking builds on additional Chartis recognitions that Bloomberg has received this year, including as overall winner of BuysideRisk50, 2024 and the top three of QuantTech50, 2024 in the 2024 Chartis STORM Report.